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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Restricted Stock Awards Granted

Restricted stock awards granted during the six months ended June 30, 2018 were as follows:

 

Description

 

Grant Date

 

Shares

 

 

Vesting Schedule

Grants to employees

 

2/14/2018

 

 

105,611

 

 

100% on February 28, 2019

Grants to employees

 

2/14/2018

 

 

164,250

 

 

50% on February 28, 2020, 6.25% quarterly thereafter

Total

 

 

 

 

269,861

 

 

 

 

Restricted Stock Award Activity

Restricted stock award activity was as follows for the six months ended June 30, 2018:

 

 

 

Shares

 

 

Weighted

Average Price

 

Unvested balance at December 31, 2017

 

 

1,365,200

 

 

$

3.65

 

Granted

 

 

269,861

 

 

$

2.55

 

Vested

 

 

(372,576

)

 

$

3.96

 

Forfeited

 

 

(40,807

)

 

$

2.72

 

Unvested balance at June 30, 2018

 

 

1,221,678

 

 

$

3.33